Alero Consulting: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Alero Consulting
Largest movements
- Financial fixed assets +€541,680
new in 2025: €541,680
- Current investments +€20,000
up €20,000 (+25.0%), from €80,000 to €100,000
- Other debts +€241,364
up €241,364 (+2,922%), from €8,261 to €249,625
- Debts after one year +€158,435
up €158,435 (+634%), from €25,000 to €183,435
- Reserves +€93,364
up €93,364 (+53.1%), from €175,987 to €269,350
- Current portion of long-term debt +€48,409
new in 2025: €48,409
- Tax, wage and social debts +€15,311
up €15,311 (+24.5%), from €62,508 to €77,819
of which Taxes: +€15,311
- Gross operating margin +€41,072
up €41,072 (+37.0%), from €111,146 to €152,218
- Taxes +€23,179
up €23,179 (+98.6%), from €23,518 to €46,697
- Financial charges +€7,153
up €7,153 (+257%), from €2,782 to €9,935
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €275,633 | €832,999 | +€557,366 | +202% |
| Fixed assets | 21/28 | €10,839 | €555,831 | +€544,992 | +5,028% |
| Tangible fixed assets | 22/27 | €10,839 | €14,151 | +€3,312 | +30.6% |
| Land and buildings | 22 | €800 | €7,028 | +€6,229 | +779% |
| Plant, machinery and equipment | 23 | €765 | €282 | -€483 | -63.2% |
| Furniture and vehicles | 24 | €9,274 | €6,841 | -€2,434 | -26.2% |
| Financial fixed assets | 28 | - | €541,680 | +€541,680 | |
| Current assets | 29/58 | €264,794 | €277,168 | +€12,374 | +4.7% |
| Amounts receivable within one year | 40/41 | €57,367 | €50,554 | -€6,812 | -11.9% |
| Trade receivables | 40 | €57,367 | €50,554 | -€6,812 | -11.9% |
| Current investments | 50/53 | €80,000 | €100,000 | +€20,000 | +25.0% |
| Cash at bank and in hand | 54/58 | €123,978 | €122,822 | -€1,156 | -0.9% |
| Deferred charges and accrued income | 490/1 | €3,449 | €3,792 | +€343 | +9.9% |
| Total equity and liabilities | 10/49 | €275,633 | €832,999 | +€557,366 | +202% |
| Equity | 10/15 | €176,987 | €270,350 | +€93,364 | +52.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €175,987 | €269,350 | +€93,364 | +53.1% |
| Distributable reserves | 133 | €175,987 | €269,350 | +€93,364 | +53.1% |
| Amounts payable | 17/49 | €98,647 | €562,648 | +€464,002 | +470% |
| Amounts payable after more than one year | 17 | €25,000 | €183,435 | +€158,435 | +634% |
| Financial debts | 170/4 | €25,000 | €183,435 | +€158,435 | +634% |
| Amounts payable within one year | 42/48 | €73,647 | €379,214 | +€305,567 | +415% |
| Current portion of amounts payable after more than one year | 42 | - | €48,409 | +€48,409 | |
| Trade debts | 44 | €2,877 | €3,360 | +€483 | +16.8% |
| Suppliers | 440/4 | €2,877 | €3,360 | +€483 | +16.8% |
| Taxes, remuneration and social security | 45 | €62,508 | €77,819 | +€15,311 | +24.5% |
| Taxes | 450/3 | €61,341 | €76,652 | +€15,311 | +25.0% |
| Remuneration and social security | 454/9 | €1,167 | €1,167 | = | 0.0% |
| Other amounts payable | 47/48 | €8,261 | €249,625 | +€241,364 | +2,922% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,998 | €3,300 | +€302 | +10.1% |
| Other operating charges | 640/8 | €732 | €705 | -€27 | -3.7% |
| Gross operating margin | 9900 | €111,146 | €152,218 | +€41,072 | +37.0% |
| Operating profit (loss) | 9901 | €107,416 | €148,213 | +€40,797 | +38.0% |
| Financial income | 75/76B | €1,387 | €1,783 | +€396 | +28.6% |
| Recurring financial income | 75 | €1,387 | €1,783 | +€396 | +28.6% |
| Financial charges | 65/66B | €2,782 | €9,935 | +€7,153 | +257% |
| Recurring financial charges | 65 | €2,782 | €9,935 | +€7,153 | +257% |
| Profit (loss) for the period before taxes | 9903 | €106,021 | €140,061 | +€34,040 | +32.1% |
| Income taxes | 67/77 | €23,518 | €46,697 | +€23,179 | +98.6% |
| Profit (loss) for the period | 9904 | €82,503 | €93,364 | +€10,861 | +13.2% |
| Profit (loss) for the period to be appropriated | 9905 | €82,503 | €93,364 | +€10,861 | +13.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.